The Southwest Tampa housing market is somewhat competitive. Homes in Southwest Tampa receive 2 offers on average and sell in around 38 days. The median sale price of a home in Southwest Tampa was $640K last month, up 5.5% since last year. The median sale price per square foot in Southwest Tampa is $371, up 2.9% since last year.
What is the housing market like in Southwest Tampa today?
In March 2024, Southwest Tampa home prices were up 5.5% compared to last year, selling for a median price of $640K. On average, homes in Southwest Tampa sell after 38 days on the market compared to 41 days last year. There were 421 homes sold in March this year, down from 460 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$640,000
+5.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Tampa, FL
$640,000
+5.5%
United States
To compare other locations to the Southwest Tampa and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Tampa add value to a home.
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How hot is the Southwest Tampa housing market?
Southwest Tampa is somewhat competitive. Homes sell in 32.5 days.
0
100
51
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 33 days.
Hot homes
can sell for around list price and go pending in around 8 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Southwest Tampa housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Tampa.
Risk Factor
Flood Factor - Extreme
92% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Tampa has an extreme risk of flooding. 22,834 properties in Southwest Tampa are likely to be
severely affected
by flooding over the next 30 years. This represents 92% of all properties in Southwest Tampa. Flood risk is increasing faster than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southwest Tampa has a moderate risk of wildfire. There are 2,035 properties in Southwest Tampa that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in Southwest Tampa.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Southwest Tampa has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southwest Tampa is most at risk from hurricanes. 33,022 properties in Southwest Tampa have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 186 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 195 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Southwest Tampa has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Southwest Tampa have an Extreme Heat Factor®.
Southwest Tampa is expected to see a 300% increase in the number of days over 107ºF over the next 30 years. Southwest Tampa is expected to experience 7